HighNegative
Announced Mon, 29 Jun · 15:23 IST

Blue Star MD flags 2% margin drop this summer but bets big on data centres for long-term growth

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Blue Star reported robust summer AC sales but saw a 2% margin drop due to rising input costs. The MD has revised full-year guidance downwards citing continued margin pressure, though the festive season may offer some recovery. The company is investing strategically in the data centre cooling segment, targeting substantial revenue contribution by FY29.